Lotus Bakeries NV (EBR: LOTB)

Lotus Bakeries NV Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,161	1,063	877.45	750.25	663.29	612.74
Revenue Growth (YoY)	20.72%	21.14%	16.95%	13.11%	8.25%	10.12%
Cost of Revenue	704.77	647.15	533.58	446.23	395.89	368.9
Gross Profit	456.32	415.81	343.87	304.02	267.4	243.84
Selling, General & Admin	222.3	205.31	173.62	152.86	137.12	123.49
Other Operating Expenses	7.21	4.67	4.82	4.24	-1.95	-0.37
Operating Expenses	264.32	242.83	203.69	180.21	156.16	140.88
Operating Income	192.01	172.98	140.19	123.81	111.24	102.96
Interest Expense	-3.46	-4.04	-3.12	-2.88	-2.93	-3.31
Interest & Investment Income	2.48	2.48	0.55	0.12	0.21	0.32
Currency Exchange Gain (Loss)	-0.22	-0.12	0.99	0.89	0.05	2.23
Other Non Operating Income (Expenses)	-0.96	-0.85	-0.78	-0.49	-0.33	-1.76
EBT Excluding Unusual Items	189.84	170.44	137.83	121.43	108.23	100.45
Merger & Restructuring Charges	-0.06	-0.06	-1.27	-0.33	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-0.12	-0.07
Other Unusual Items	-4.23	-2.48	-2.54	-3.81	-4.59	-2.29
Pretax Income	185.54	167.9	134.03	117.3	103.52	98.09
Income Tax Expense	43.32	38.57	30.74	26.55	20.97	22.32
Earnings From Continuing Operations	142.22	129.33	103.28	90.74	82.55	75.77
Minority Interest in Earnings	-0.04	-0.07	-0.04	0.02	0.05	-0.86
Net Income	142.18	129.26	103.24	90.77	82.59	74.91
Net Income to Common	142.18	129.26	103.24	90.77	82.59	74.91
Net Income Growth	27.69%	25.20%	13.74%	9.90%	10.25%	11.96%
Shares Outstanding (Basic)	1	1	1	1	1	1
Shares Outstanding (Diluted)	1	1	1	1	1	1
Shares Change (YoY)	0.11%	0.03%	-0.19%	0.31%	0.16%	0.13%
EPS (Basic)	175.16	159.31	127.32	111.84	102.01	92.77
EPS (Diluted)	174.91	159.12	127.13	111.55	101.82	92.50
EPS Growth	27.54%	25.16%	13.97%	9.56%	10.08%	11.82%
Free Cash Flow	89.99	88.92	-12.3	68.88	81.94	35.93
Free Cash Flow Per Share	110.71	109.45	-15.15	84.65	101.01	44.36
Dividend Per Share	58.000	58.000	45.000	40.000	35.500	32.000
Dividend Growth	28.89%	28.89%	12.50%	12.68%	10.94%	10.34%
Gross Margin	39.30%	39.12%	39.19%	40.52%	40.31%	39.79%
Operating Margin	16.54%	16.27%	15.98%	16.50%	16.77%	16.80%
Profit Margin	12.25%	12.16%	11.77%	12.10%	12.45%	12.23%
Free Cash Flow Margin	7.75%	8.37%	-1.40%	9.18%	12.35%	5.86%
EBITDA	220.46	199.47	159.74	141.71	128.16	117.23
EBITDA Margin	18.99%	18.77%	18.20%	18.89%	19.32%	19.13%
D&A For EBITDA	28.45	26.5	19.55	17.9	16.92	14.27
EBIT	192.01	172.98	140.19	123.81	111.24	102.96
EBIT Margin	16.54%	16.27%	15.98%	16.50%	16.77%	16.80%
Effective Tax Rate	23.35%	22.97%	22.94%	22.64%	20.26%	22.75%

Source: S&P Capital IQ. Standard template. Financial Sources.